ECB's TRICHET is again talking price stabilityin the Euro Zone.

ECB's TRICHET is again talking price stabilityin the Euro Zone.

In a BBC interview Trichet said price stability, and CB credibility in delivering price stability, is the best way to sustain economic growth and employment. Trichet warned that the global economy was experiencing an ongoing and 'very significant' market correction. He said policy makers must avoid the mistakes of the 1970s, and CBs must stick to their long-term price stability mandate.